NFS Capital Closes $250 Million Warehouse Facility with Fifth Third Bank

New banking relationship expands NFS Capital’s funding resources, supporting its continued growth across its diversified equipment finance portfolio.

BEVERLY, Mass.--(BUSINESS WIRE)--NFS Capital, LLC, an independent equipment finance company serving businesses across the United States and Canada, announced the closing of a $250 million warehouse credit facility with Fifth Third Bank, National Association. The facility establishes a new banking relationship for NFS Capital.

This adds lending resources that strengthen NFS Capital’s equipment finance platform, backing the company’s continued expansion across a wide-ranging transaction portfolio — including multi-vendor projects and other business-critical equipment investments — and its growing network of equipment vendor and manufacturer partners. It also complements NFS Capital’s existing banking relationships.

With the addition of the Fifth Third facility, NFS Capital's total bank facility capacity now stands at $800 million.

“Establishing this relationship with Fifth Third is an important step in the evolution of our capital platform,” said Dana Calumby, Chief Financial Officer of NFS Capital. “This gives us greater flexibility to handle a broader range of transactions, serve our customers and strategic partners, and keep building momentum while maintaining the responsive, disciplined approach that has defined NFS.”

About NFS Capital

NFS Capital is an independent equipment finance company providing flexible financing solutions to established, emerging, growth-stage and turnaround businesses across the U.S. and Canada. Founded in 2006, NFS Capital finances transactions from $150,000 to $20 million+ and has provided more than $2 billion in equipment financing. The company helps businesses acquire the equipment and technology they need to expand capacity, modernize operations, support new projects and pursue strategic business opportunities. NFS combines expertise in equipment finance, flexible structures, responsive decision-making and a story-based underwriting approach to support businesses, equipment vendors, manufacturers and referral sources.

For more information, visit www.nfscapital.com.